Adaptive Biotechnologies

Adaptive Biotechnologies

Decodes immune receptor data for diagnostics

Overview

Decodes immune cell receptor genetics to map immune repertoires and create diagnostics and therapies. Uses data-driven analysis to turn immune-repertoire data into diagnostic tools and treatment guidance. Stands out by applying immune-system genetics at scale and partnering with pharma, licensing technology, and providing diagnostic services, as seen in ImmuneRACE for COVID-19. Aims to turn immune-repertoire information into practical diagnostics and therapies across infectious diseases and beyond.

About Adaptive Biotechnologies

Simplify's Rating
Why Adaptive Biotechnologies is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Biotechnology

Healthcare

Company Size

501-1,000

Company Stage

IPO

Headquarters

Seattle, Washington

Founded

2009

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Simplify's Take

What believers are saying

  • Q1 2026 MRD revenue reached 95% of sales, signaling core product concentration.
  • ASCO and EHA 2026 featured 33 clonoSEQ presentations, expanding clinical credibility.
  • clonoSEQ usage spans myeloma, CLL, ALL, DLBCL, MCL, and follicular lymphoma.

What critics are saying

  • Immune Medicine revenue fell 57% in Q1 2026, weakening diversification.
  • MRD revenue dependence exposes results to reimbursement cuts and competitive share losses.
  • European expansion faces pressure from competing MRD assays and slower hospital adoption.

What makes Adaptive Biotechnologies unique

  • Pioneers immune-driven medicine by decoding adaptive immune system genetics.
  • clonoSEQ is FDA-authorized for measurable residual disease testing in blood cancers.
  • Commercial-stage platform serves clinicians, researchers, and biopharma with diagnostic and discovery tools.

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Funding

Total Funding

$531.9M

Above

Industry Average

Funded Over

8 Rounds

Post IPO Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Debt Funding Comparison
Coming Soon

Benefits

Company Equity

Performance Bonus

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

0%

2 year growth

-4%
Yahoo Finance
Mar 26th, 2026
Adaptive Biotech president sells $2.4M in shares following option exercise as stock surges 70%

Julie Rubinstein, president and COO of Adaptive Biotechnologies, sold 179,703 shares of common stock between 11 and 13 March 2026, following an option exercise under a pre-established Rule 10b5-1 trading plan. The transaction was valued at $2.4 million. The sale reduced Rubinstein's direct holdings by 26.1% to 507,934 shares, worth approximately $6.69 million. She continues to hold vested and unvested stock options, maintaining substantial exposure to the company. Adaptive Biotechnologies, which develops immunosequencing products for research and clinical diagnostics, has seen its share price jump 70% over the past year. The company has a market capitalisation of $2.2 billion and reported trailing twelve-month revenue of $276.98 million.

Yahoo Finance
Mar 26th, 2026
Adaptive Biotechnologies insider sells $1M in stock after 105% share price gain

Francis Lo, Chief People Officer at Adaptive Biotechnologies, sold 68,667 shares worth $1 million across two transactions in early March 2026. The sales occurred after the stock delivered a 105% one-year return. The March 5 transaction was a mandatory "sell to cover" arrangement to satisfy tax obligations from restricted stock unit vesting, whilst the March 11 sale followed a Rule 10b5-1 trading plan Lo established in September 2025. After both sales, Lo retains 291,374 shares directly and 2,500 shares indirectly, valued at approximately $4.1 million. Adaptive Biotechnologies, which has a $2.2 billion market capitalisation, offers immunosequencing platforms and clinical diagnostics, including clonoSEQ for detecting minimal residual disease in cancer patients. The company serves pharmaceutical firms, research institutions and healthcare providers.

FirstWord Pharma
Dec 31st, 2025
Adaptive Biotechnologies subsidiary raises $15M in series A funding

Digital Biotechnologies, a subsidiary of Adaptive Biotechnologies Corporation, has completed the initial closing of its Series A preferred stock financing, expected to raise up to $15 million in total proceeds. The round closed on 30 December 2025. Adaptive Biotechnologies currently owns 70% of Digital Biotechnologies. Following the Series A financing, Adaptive expects to retain nearly 50% ownership of the subsidiary and will continue consolidating Digital Biotechnologies' financial results in its statements.

Adaptive Biotechnologies
Dec 30th, 2025
Adaptive Biotechnologies to Present at the 44th Annual J.P. Morgan Healthcare Conference

Adaptive Biotechnologies to present at the 44th Annual J.P. Morgan Healthcare Conference. SEATTLE, Dec. 30, 2025 (GLOBE NEWSWIRE) - Adaptive Biotechnologies Corporation (Nasdaq: ADPT), a commercial stage biotechnology company that aims to translate the genetics of the adaptive immune system into clinical products to diagnose and treat disease, today announced it will be participating in the upcoming 44th Annual J.P. Morgan Healthcare Conference in San Francisco, CA. Adaptive Biotechnologies' management is scheduled to present on Monday, January 12, 2026, at 4:30 p.m. Pacific Time / 7:30 p.m. Eastern Time. Interested parties may access a live and archived webcast of the presentation on the "Investors" section of the company website at: www.adaptivebiotech.com. About Adaptive Biotechnologies Adaptive Biotechnologies ("we" or "our") is a commercial-stage biotechnology company focused on harnessing the inherent biology of the adaptive immune system to transform the diagnosis and treatment of disease. Adaptivebiotech believe the adaptive immune system is nature's most finely tuned diagnostic and therapeutic for most diseases, but the inability to decode it has prevented the medical community from fully leveraging its capabilities. Its proprietary immune medicine platform reveals and translates the massive genetics of the adaptive immune system with scale, precision and speed. Adaptivebiotech apply its platform to partner with biopharmaceutical companies, inform drug development, and develop clinical diagnostics across its two business segments: Minimal Residual Disease (MRD) and Immune Medicine. Its commercial products and clinical pipeline enable the diagnosis, monitoring, and treatment of diseases such as cancer and autoimmune disorders. Its goal is to develop and commercialize immune-driven clinical products tailored to each individual patient. ADAPTIVE INVESTORS Karina Calzadilla, Vice President, Investor Relations and FP&A 201-396-1687 [email protected] ADAPTIVE MEDIA Erica Jones, Associate Corporate Communications Director 206-279-2423 [email protected]

Fierce Biotech
Dec 17th, 2025
Harbour BioMed docks with BMS in antibody discovery, development deal worth up to $1.1B

Harbour BioMed docks with BMS in antibody discovery, development deal worth up to $1.1B. Bristol Myers Squibb has become the latest Big Pharma to tie up a biotech pact as we reach the year's end, tapping Harbour BioMed for a multiyear research deal. The new pact will see the companies team up to "advance and accelerate multi-specific antibody discovery programs," according to a Dec. 17 release. In exchange for this work, Harbour will be eligible to receive $90 million. For candidates that progress further down the line, development and commercial milestones worth up to $1.035 billion are on the table, according to the release. "This collaboration leverages our Harbour Mice fully human antibody technology platform, which facilitates the efficient discovery and development of innovative biologics with enhanced therapeutic potential," Jingsong Wang, M.D., Ph.D., founder, chairman and CEO of Harbour, said in the release. A key element to the deal also sees BMS able to tap into Harbour's "established development capabilities," namely by conducting early clinical trials in China, where Shanghai-based Harbour has an established research presence. "By uniting the strengths of our platform with Bristol Myers Squibb's expertise in drug discovery and development, we look forward to progressing these programs and delivering transformative therapies to patients worldwide," Wang added. This builds on several deals for Harbour with pharmas this year, including Otsuka Pharmaceutical paying out $47 million upfront for the ex-China rights to Harbour's early-stage BCMAxCD3 bispecific candidate back in June. That deal came with $623 million biobucks attached, plus potential royalties on future net sales. But by far its biggest was the potential $4.4 billion biobucks deal with AstraZeneca that also used its Harbour Mice platform. BMS has also put several billion dollars on the table with its deals this year, including its massive bispecific tie-up with BioNTech in June and its $1.5 billion buyout of Orbital Therapeutics in October. And as we reach the end of 2025, several Big Pharmas have found some spare cash ahead of the New Year for a host of deals over the past few weeks. Most recently this saw Roche's Genentech unit pen a pact with Caris Life Sciences offering up to $1.1 billion in possible R&D, commercial and sales milestones, plus potential royalties for new cancer targets. Earlier this week, Sanofi also teamed up with two separate biotechs, while Pfizer too signed a new deal with Adaptive Biotechnologies.

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